Samsung Heavy Industries is establishing a joint research center with KAIST (Korea Advanced Institute of Science and Technology) to enhance its competitiveness in future maritime technologies, including AI, energy, and digital transformation.On August 13, Samsung Heavy Industries announced the opening of the 'SHI-KAIST Next-Generation Ship Research Center (AMRC)' at KAIST's main campus in Daejeon.Attendees at the opening ceremony included Choi Sung-an, CEO of Samsung Heavy Industries, and Bae Ch

Coupang is stepping up to support the education of descendants of independence activists in honor of the 81st anniversary of Korea's liberation. The company has pledged 100 million won to provide scholarships for 60 descendants, including college and high school students.On August 12, Coupang announced that it signed a memorandum of understanding with the Korean Liberation Association at the association's headquarters in Yeongdeungpo, Seoul. The signing ceremony was attended by Jang Young-cheol,

Jung Ki-sun, chairman of HD Hyundai, urged the group’s leadership to focus on long-term growth rather than short-term results. Amid increasing domestic and international uncertainties, he emphasized the need to establish a sustainable growth foundation centered on future business, artificial intelligence (AI) transformation, and safety management.On August 13, HD Hyundai held a leadership meeting at its Global R&D Center in Pangyo, attended by Jung and vice chairmen Cho Young-cheol, Cho Seok, an

Nearly half of customers purchasing massage chairs consider design a key factor in their decision-making process.On August 13, Seragem conducted a survey of 802 customers who bought the Pause M collection. The results showed that 48.3% prioritized design, followed closely by product efficacy and effectiveness at 46.2%. Other factors included benefits, user reviews, and product price. This indicates that customers are not only focused on the product's core benefits but also on how well it integra

The 'Youth Tomorrow Savings Account,' regarded as a vital support for low-income working youth, has shown significant effects on income growth, employment stability, and improved housing conditions. Over three years, the average monthly total income of participants increased by more than 500,000 won, alongside a rise in the proportion of full-time employment, indicating positive socio-economic changes backed by statistics. On August 13, the Ministry of Health and Welfare released the results of

Leaders of nations engaged in conflict will face voter judgment this fall. U.S. President Donald Trump, grappling with rising prices due to the war with Iran, Russian President Vladimir Putin, burdened by the prolonged war in Ukraine and fuel shortages, and Israeli Prime Minister Benjamin Netanyahu, whose political standing is shaken by the war in Gaza and a hardline stance on Iran, are at the forefront.The Russian State Duma elections are set for September 20, Israel's general elections on Octo

As prolonged drought and heat continue, agricultural damage in Gwangju, South Korea, has exceeded 100 hectares, with livestock deaths reaching 320,000. The Gwangju Metropolitan City announced on the 13th that it is continuously monitoring agricultural water supply and enhancing emergency water delivery and support for farmers, particularly in areas with low reservoir levels. As of August 11, the total agricultural damage due to drought and heat has been reported at 103.7 hectares across 17 c

Syswork's stock price plummeted below 100 won on the first day of trading suspension due to delisting.According to the Korea Exchange, as of 2 p.m. on August 13, Syswork's shares were trading at 27 won, down 862 won (96.96%) from the previous trading day. Trading volume exceeded 36 million shares. During the trading suspension period, there are no price limits, allowing the stock to drop nearly 97% in just one day.Previously, Syswork faced delisting due to a refusal of audit opinions, citing unc

Korean companies are broadening their online overseas procurement from finished products to industrial equipment and components. According to July B2B (business-to-business) purchasing data from Alibaba.com, purchases of industrial robots surged over 300% compared to the previous year, with significant growth also seen in electrical equipment and electronic components used in production sites. On July 13, Alibaba.com reported that during last month's major promotional period, the top 10 purchasi